The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5
<u>Given data :</u>
Mean value of gasoline per hour = 875 gallons
Standard deviation = 55 gallons
<h3>Determine the probability of demand being greater than 1800 gallons over 2 hours </h3>
Demand for gas in 1 hour = X₁
Demand for gas in 2 hours = X₁ + X₂
Therefore ; ( X₁ + X₂) ~ N ( u₁+u₂, sd₁² + sd₂² )
In order to calculate probabilities for normals apply the equation below
Z = ( X- u ) / sd
where : u = 1800, sd = √ ( 55² + 55² ) = 77.78
using the z-table
P( Y > 1800) = P( Z > ( 1800 - 1800 ) / 77.78)
= P( Z>0 ) = 0.5
Hence we can conclude that The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5.
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Answer:
The correct answer is D
Explanation:
Lifestyle is stated or expressed in both leisure and work behavior patterns and in the values, activities, opinions, attitudes, interest and allocation of income. It also states the self image of the person.
In other words, it is the way of life created through individual, society, group or culture. It comprise of patterns of interest, work, consumption and interaction that define how the person spends their time.
So, in this case, the different in the lifestyle among Craig and Justin.
Things that you need to check are:
- Your FICO score (the higher your fico scores will indicates that you're financialy trustworthy)
- Check the balance. Make sure that you always pay all the required balance. Failing to do this will be recorded as failure to complete payments no matter how little it is.
The price of the share would be calculated as -
Price of share = Annual constant dividend / Cost of equity
Given, cost of equity = 10.5 %
Annual constant dividend = $ 1.60
Price of share = $ 1.60 ÷ 10.50 %
Price of share = $ 15.238 or $ 15.24
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
